MANILA –The Partido Demokratiko Pilipino-Lakas ng Bayan (PDP-Laban) party is set to formally endorse banker Antonio Moncupa to be the next governor of the Bangko Sentral...
MANILA—Placements in debt instruments boosted foreign direct investments (FDI) to the Philippines to reach USD 6.97 billion as end of November 2016, up 25.4 percent from...
MANILA—The Philippines banking system continues to prove its strength after ending 2016 with Php 154.13 billion net profit, up 13.9 percent from Php 135.34 Billion in...
MANILA—After a few days of run-up, profit-taking caused the further decline of the Philippine Stock Exchange index (PSEi) on Wednesday, which in turn, affected the peso....
MANILA—The Bangko Sentral ng Pilipinas (BSP) has put in place a pioneering move in Asia of regulating virtual currency (VC) transactions by requiring businesses using VCs...
MANILA—Gross international reserves (GIR) of the Philippines rose to USD 81.04 billion in January 2017, higher than the USD 80.7 billion last December and the USD80.7...
MANILA— The Bangko Sentral ng Pilipinas (BSP) on Monday reminded the public about their last chance to swap New Design Series (NDS) banknotes for New Generation...
MANILA— Investor confidence in the Philippine economy remains, as shown by the reversal to net inflows of foreign portfolio investments in the country in 2016. Data...
MANILA—Bid coverage ratio of the central bank’s seven-day Term Deposit Facility (TDF) went up this week but that of 28-day declined on back of lower bids...
MANILA—A growth of at least seven percent is being considered by monetary officials on the Philippines’ second quarter 2016 economic expansion as manufacturing, vehicles and energy...